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I'm sorry but this sounds like a couple idiots with too much money. "Li eventually let K1 manage $2.5 billion—$250 million of his own cash and the rest leverag
by mring33621 7y ago
I'm sorry but this sounds like a couple idiots with too much money.
"Li eventually let K1 manage $2.5 billion—$250 million of his own cash and the rest leverage from Citigroup Inc."
Leverage = Loan
r/wallstreetbets is that-a-way.